By the end of this chapter, you should be able to:
• List and describe the financial planning requirements for a company.
• Distinguish the financial planning requirements for internal uses of a business plan from those for external uses.
• Use information developed in the operating plans to prepare the three major financial planning schedules.
• Explain and define the impact of operations objectives on the projected financial position of the company.
The major components of the company’s operating plan—the sales and revenue plan, the production plan, and the organization and management plan—are ...